PSC 328LEC – International Political Economy: Understanding the Dynamics of the Global Economy
Introduction
International Political Economy (IPE) is a field of study that examines the interactions between politics and economics at the global level. In this course, students will gain an understanding of the political and economic factors that shape the global economy. The course will explore various topics, including globalization, trade, development, international finance, and the role of institutions in the global economy. Through the study of these topics, students will gain a comprehensive understanding of the dynamics of the global economy.
What is International Political Economy?
Defining International Political Economy
The Roots of IPE
Theoretical Approaches in IPE
Globalization
What is Globalization?
The Impact of Globalization on the Global Economy
Pros and Cons of Globalization
Resistance to Globalization
International Trade
Theories of International Trade
The World Trade Organization (WTO)
Regional Trade Agreements (RTAs)
Protectionism and Trade Wars
Development
Theories of Development
The Role of Foreign Aid
The Role of Multinational Corporations (MNCs)
International Finance
The International Monetary System
Exchange Rates
Balance of Payments
The Role of the International Financial Institutions
Institutions in the Global Economy
The United Nations
The World Bank
The International Monetary Fund (IMF)
Conclusion
International Political Economy is a complex and constantly evolving field of study that seeks to understand the interactions between politics and economics at the global level. This course has provided an overview of the key concepts and topics in IPE, including globalization, international trade, development, international finance, and the role of institutions in the global economy. By studying these topics, students can gain a deeper understanding of the complexities of the global economy and the political and economic forces that shape it.
FAQs
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